News: Brokerage

Salt of the Earth and Relax Zone open at Destiny USA; Syracuse-based Pyramid Cos., Destiny's owner

Salt of the Earth, a Christian clothing and accessories shop, is now open at Destiny USA. It's on the second level of the mall's expansion section in space previously occupied by fashion retailer Jennyfer. Relax Zone, a massage spot, is also open just down the hall. It's in space previously occupied by Lipsy. Jennyfer and Lipsy were both new European brands brought to the mall by Retail Group of America. The retailers were part of a package of stores the company opened at Destiny. The firm later pulled several of those brands, although some others remain. The Destiny stores were part of a deal involving malls throughout the portfolio of Syracuse-based Pyramid Cos., Destiny's owner.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,